SEBI Imposes Rs 11.5 Crore Penalty Against Avadhut Sathe Trading Academy; Rs 546 Crore Refund Ordered
SEBI has ordered Avadhut Sathe Trading Academy and its founder to refund Rs 546.17 crore plus Rs 67.87 crore interest, imposed Rs 11.5 crore in penalties and barred market access.
Summary from NDTV Profit
How 3 outlets are covering it
-
Economic TimesSebi orders Avadhut Sathe, academy to refund Rs 546 crore
The Securities and Exchange Board of India has directed Avadhut Sathe Trading Academy to refund ₹546.18 crore to investors. Avadhut Sathe and his academy provided unregistered investment advisory…
Read on Economic Times -
NDTV ProfitSEBI Imposes Rs 11.5 Crore Penalty Against Avadhut Sathe Trading Academy; Rs 546 Crore Refund Ordered
SEBI has ordered Avadhut Sathe Trading Academy and its founder to refund Rs 546.17 crore plus Rs 67.87 crore interest, imposed Rs 11.5 crore in penalties and barred market access.
Read on NDTV Profit -
MintSebi bars Avadhut Sathe, academy from markets, imposes ₹11.5 crore penalty
In a final order issued on Friday, the market regulator directed ASTAPL and its founder Avadhut Dinkar Sathe to disgorge and refund ₹546.17 crore to eligible investors and participants who paid for…
Read on Mint
